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Sovereign Wealth Funds Briefing - Categorized | Research

In Norway, start-ups say ja to ’socialism’- - An American perspective

Posted on 28 January 2011

From Finfacts.ie: Norway, an oil producer, which has a sovereign wealth fund worth more than $500bn, is according to Inc.’s senior writer Max Chafkin, also full of entrepreneurs like Wiggo Dalmo. Rates of start-up creation are among the highest in the developed world, and Norway has more entrepreneurs per capita than the United States, according to the latest report by the Global Entrepreneurship Monitor.
He cites a 2010 study released by the US Small Business Administration reported a similar result: Although America remains near the top of the world in terms of entrepreneurial aspirations — that is, the percentage of people who want to start new things - - in terms of actual start-up activity, the US has fallen behind not just Norway but also Canada, Denmark, and Switzerland……………………………………….Full Article: Source


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